Maritime International Advisor

Are Bank Accounts Still Safe in Turbulent Financial Times?

In these uncertain financial times some countries and banks still offer secure deposits and reliable banking facilities.
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Mahe, Seychelles (PRWEB) December 5, 2008 -- Maritime International Ltd. (, in a recent announcement to their international clients, advised that all of the banks and financial institutions recommended by the Company continue to successfully surmount the current global financial crisis. Malcolm Nickerson, Managing Director of Maritime International Ltd., has assured clients that "…to date, no banks or financial establishments recommended by us to our clients, have suffered under the current crisis; none have failed, none are being supported by Governments and no bank deposits/investments held by our clients have been affected."

Maritime International Ltd., offers a portfolio of reliable and safe banking alternatives throughout the world; in Europe, the Caribbean, Latin America, Asia/Pacific and the Middle East. As stated by Laura Mouck, Maritime's Director of Wealth Management "We select our banking partners carefully and strive for long term relationships, for the benefit of our clients. Given our over 18 years experience in the business we have had success with this proven formula."

The company has always taken a pro-active position in advising their clients. If the best interests of the clients warrant it, Maritime International Ltd., has never hesitated to drop a recommendation and warn clients of potential problems if it is believed that a particular bank is not performing in their clients' best interests. On several previous occasions, the company has recommended that clients relocate their banking relationships and have assisted them in doing so, at no charge.

Through established, long-term relationships with all of their recommended banks, Maritime International Ltd., management and staff are in daily communication with senior banking officials to ensure that clients receive the most up to date information relevant to any changes in the global financial climate.

In view of the current global financial crisis, Maritime International Ltd. in an effort to provide their clients with the added assurance that their bank accounts are safe, requested written statements from their recommended banks to determine their exposure to the sub-prime crisis and the worldwide liquidity problem. After evaluating the responses from each bank, as well as the actions taken by the various national governments regarding the protection of depositor accounts and investments, Maritime International Ltd., was pleased to say that, with a few minor exceptions, all of the financial institutions they deal with are very secure and in an excellent position to not only survive the current crisis, but to expand their banking business, due to their prudent operations in the past.

While Malcolm Nickerson addressed the need to continue building and maintaining strong banking relationships with Global Banks he also stated, "We understand that changes in the global financial arena are constant, therefore we will continue to monitor the global banking situation very closely. However, the Maritime International Ltd. Executive Team clearly understands that Depositors are looking for the safety of their money, as well as good returns, and we are confident that our current banking relationships will continue to provide this as they have for over 18 years. We are aware of our fiduciary responsibility to provide our clients with the most current, corporate and financial advice possible through our newsletters, press releases and on our website."

In her closing comments Laura Mouck said that she would advise all existing or potential Maritime International Ltd., clients when making decisions on where to bank, "to be aware that although some governments have guaranteed deposits, this may come with some qualifications attached. The devil is in the details and depositors are warned to carefully read the fine print."

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